Rural Gold Coast property fetches a record price

A SPRAWLING Clagiraba property with countryside vistas and two impressive homes has sold for $3.45 million.

The sale of 173 Stewart Rd marks a record for the suburb, which was set by the same property in 2004 when it sold for $2.14 million.

Ray White Prestige Gold Coast agent Josh Thomas said a local family snapped up the property on Wednesday.

173 Stewart Rd, Clagiraba.

173 Stewart Rd, Clagiraba.

173 Stewart Rd, Clagiraba.

“I think they were looking at property in general for a year, but they did see this when I first marketed the (home),” Mr Thomas said.

The 14ha property was listed in June last year before Mr Thomas took over the marketing in September.

He said it attracted a lot of interest but nothing solid until now.

“There were multiple offers on the property and some of those offers had settlement periods that weren’t agreeable to the owners,” Mr Thomas said.

There are two houses on the property as well as a separate two-bedroom caretaker’s cottage.

One of the houses has five bedrooms and features a formal lounge, fireplace, gym, office and second kitchen.

The second house has four bedrooms, a media room, and open-plan kitchen and family room.

It also has irrigated and fenced horse paddocks with eight shelters while a stable compound has one bedroom, a bathroom and kitchen.

173 Stewart Rd, Clagiraba.

173 Stewart Rd, Clagiraba.

173 Stewart Rd, Clagiraba.

Coomera River and Guanaba Valley offer stunning views from the property.

Mr Thomas said the sellers, brothers John and Carlo Tuminello, were “excited for what the future holds”.

The brothers and their young families have lived on the property for the past 13 years.

They said in October that it was the perfect property for their shared love of motor cross but they were looking for a larger estate.

“It’s one of the nicest properties on the river in the Guanaba Valley,” John Tuminello said.

“We’ve had camp-outs and bonfires – the kind of stuff you just can’t do in most backyards.”

Mr Thomas said more and more buyers were looking for property in Clagiraba and Guanaba.

“It’s becoming quite a sought after part of the Gold Coast because you can get really luxurious properties that give you the real country-style living, but are still just half an hour from the beach,” Mr Thomas said.

Disclaimer: The information published in this section is of a
general nature only and does not consider your personal objectives, financial
situation or particular needs. Where indicated, third parties have written and
supplied the content and we are not responsible for it. We make no warranty as
to the accuracy, completeness or reliability of the information, nor do we
accept any liability or responsibility arising in any way from omissions or
errors contained in the content. We do not recommend sponsored lenders or loan
products and we cannot introduce you to sponsored lenders. We strongly
recommend that you obtain independent advice before you act on the content.